2015 Results

Public Storage (NYSE:PSA) announced today operating results for the three months ended June 30, 2015 . Operating Results for the Three Months Ended June 30, 2015 For the three months ended June 30, 2015 , net income allocable to our common shareholders was $263.9 million or $1.52 per diluted common share, compared to $218.4 million or $1.26 per diluted common share for the same period in 2014 representing an increase of $45.5 million or $0.26 per diluted common share. The increase is primarily due to a $44.8 million increase in self-storage net operating income, as a result of a $29.6 million increase for our Same Store Facilities and a $15.2 million increase for our Non Same Store Facilities. Revenues for the Same Store Facilities increased 6.8% or $31.0 million in the three months ended June 30, 2015 as compared to the same period in 2014, due primarily to higher realized annual rent per occupied square foot. Cost of operations for the Same Store Facilities increased by 1.1% or $1.4...

Corporate Profile

Public Storage is the world’s largest owner and operator of self-storage facilities, serving over one million customers. Public Storage is a member of the S&P 500 and FT Global 500. Common and preferred stock for Public Storage trade on the New York Stock Exchange.

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